Profiles · Fraud defendants
- Type
- Person
- Role
- Defendant
- Updated
The profile
One of four men convicted by a federal jury for a scheme to defraud the Small Business Administration and a state agency of $9.5 million. The conspiracy attempted to obtain that sum in SBA and private-lender loans.
Identity and role
Aziz Hassan Bey was one of four men convicted in the U.S. District Court for the Eastern District of Wisconsin in a conspiracy to defraud the Small Business Administration and a state agency, alongside co-defendants Letez Osiris Bey, Minister Zakar Ali, and Divine-Seven El.
The scheme and pandemic-relief role
According to the Department of Justice, the four-man conspiracy attempted to obtain $9.5 million in SBA and private-lender loans through fraudulent EIDL and PPP applications, of which approximately $775,000 in EIDL funds was actually disbursed.
Legal status / controversies
- Convicted: October 17, 2023, by federal jury, U.S. District Court for the Eastern District of Wisconsin, on conspiracy and fraud charges related to the SBA/state-agency scheme.
- Sentenced: 106 months in prison, with about $2.3 million in restitution owed jointly and severally with his codefendants. The Seventh Circuit affirmed on July 17, 2026 (United States v. Bey, Nos. 24-1166, 24-1167 & 24-1284).
Where they are now (2025–2026)
Not publicly documented.
Sources
- DOJ USAO-EDWI, "Four Men Convicted [of] Conspiracy and Schemes to Defraud [the] Small Business Administration [and a] State [Agency]": Four Men Convicted Of Conspiracy And Schemes To Defraud The Small Busine (original: Eastern District of Wisconsin (original: justice.gov))
- U.S. Court of Appeals for the Seventh Circuit, United States v. Aziz Bey, Nos. 24-1166, 24-1167 & 24-1284, nonprecedential order (July 17, 2026) — original: https://www.govinfo.gov/app/details/USCOURTS-ca7-24-01166